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Tag: resigning

Ex-Binance CEO faces 3-years prison and millions in fines

Changpeng Zhao, the ex-chief executive officer of cryptocurrency exchange Binance, is facing a potential 36-month prison sentence and a US$50 million fine. His sentencing, recommended...

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Admirals, Hut8, Saxo Markets and More: Executive Moves of the Week

This week has been notably exciting, marked by a significant uptick in executive appointments across the forex, crypto, and fintech sectors. This trend highlights...

Major Binance Delisting Causes Community Uproar

One of the biggest crypto exchanges in the industry, Binance, delisted Monero (XMR), a popular privacy-focused coin, triggering a substantial price drop and...

DCG CEO Silbert, President Murphy Exit Grayscale Board – Unchained

The Digital Currency Group-owned crypto asset manager, currently a spot bitcoin ETF candidate, has named two other DCG execs and its own CFO...

Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano

In the last two months, Bitcoin (BTC), the world’s most valuable cryptocurrency, has been increasingly decoupling from XRP, the native currency of the XRP...

Changpeng ‘CZ’ Zhao Steps Down as Binance.US Chair

Zhao will not be part of the firm’s governance, but will retain his economic interest in Binance’s U.S. affiliate company. ...

Tornado Cash Token Plummets Following Binance Delisting Announcement

Following the news that Binance, the biggest cryptocurrency exchange in the world in terms of volume, made about the delisting of the Tornado Cash...

4 Things CZ Can Do in Seattle While Waiting to See If He’s Going to Prison – Decrypt

Going just by headlines, you’d probably think Changpeng "CZ" Zhao is having yet another bad week: Days after pleading guilty to violating U.S. anti-money...

US CFTC Cracks Down on Crypto Exchanges Violating Trading Laws

Following the conclusion of the extensive investigation and pursuit of cryptocurrency exchange giant Binance, reports suggest that the U.S. Commodity Futures Trading Commission...

Stability AI Audio Head Quits Over Training on Copyrighted Material. Will It Change Anything? – Decrypt

Troubled by the public stance Stability AI took on its use of copyrighted material to train its generative AI product, the company's head of...

Coinbase Champions Regulatory Compliance Amid Binance Woes – Calls For Clearer U.S. Regulations – CryptoInfoNet

Coinbase CEO Brian Armstrong has touted his exchange’s compliance-first approach following the issues that bedeviled rival Binance.In a Nov. 21 statement on social media...

Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 14]

Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam “SBF” Bankman-Fried. As the saga unfolds, check...

Sam Bankman-Fried’s Defense Team Could Not Break Caroline Ellison

Posted October 12, 2023 at 11:34 pm EST. NEW YORK—The cross-examination of the prosecution’s star witness, Caroline Ellison, concluded Thursday, without the defense...

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